Stock Market 13 December 2025

Ford Motor shares were flat as Unifor began Canadian contract talks, with Ford leading the Detroit Three pattern agreement and its stock move linked to GM and Stellantis. Lumentum Holdings rose 6.1%, reversing earlier losses, tracking a rally in Coherent Corp., which has Nvidia as a backer in optical components. Ondas slipped 1.9% after announcing over $40 million in June defense system orders and filing to register 3.13 million acquisition-linked shares for resale. Applied Optoelectronics climbed 7.8%, with a catalyst in last week’s SEC filing showing its China unit doubled a credit line to RMB 500 million, signaling a manufacturing ramp. Palantir Technologies fell over 6% to a new 52-week low as software stocks slumped and investors questioned AI spending, rates, and valuations. SoFi Technologies traded 3.6% lower, with traders weighing insider buying, a weak chart, and its stablecoin push. Rocket Lab dropped 7.2% despite being added to the Nasdaq-100, with index changes bringing passive flows but weakness in SpaceX and the sector. Federal Direct Loan borrowers using auto pay will get a temporary 1 percentage-point rate cut from July 1, 2026, to June 30, 2028. Bloom Energy traded above last week’s record, with a survey showing 61% of AI data-center builders plan to secure their own power if needed. ITG is selling 19.5 million Class A shares, valuing it up to $2.67 billion, as the U.S. IPO calendar fills up. AbbVie is offering $135.11 per share for Apogee, a 49% premium, aiming to close in Q3, with Apogee’s top eczema drug set for Phase 3 trials this year. FTSE Russell will finalize new index membership after Friday’s close, with rebuilt indexes operating from Monday.